Date: December 16, 2018
By: Andrea Fernandes
The entire network is said to be making some US$60 Billion per year, more than enough money to help them to economically take over an entire country like Guyana within a matter of days, or acquire new technology to stay ahead of the various agencies that are pursuing them.
But investigators say that the Italian mafias are not interested in running Guyana or its economy. What they are interested in is ensuring that the two front companies in Guyana (one of which exports timber) pays its taxes and keep a clean slate on the local scene, while ensuring that containers of transshipped cocaine from Colombia can be loaded on to ships on Guyana’s wharves undetected and shipped out to Europe.
One of the Guyana-based companies is said to be fully owned by the Sicily-based Mafia who uses third parties to operate them locally, while the other company (name withheld) is a well established Guyanese company in which the mafias has major shares, possibly unknowing to other shareholders.
These revelations have come to light following the arrest of over 90 people across several countries last week, and the subsequent arrest of Settimino Mineo, who has been identified as the new head of the Ndranghe mafia.
However, their investment numbers in Guyana is largely unknown. But it is believed that they have been laundering hundreds of millions of dollars through the local banking system, using a number of front companies.
Continue reading at: GuyanaGuardian.com